NOT LISTED FOR SALE

1616 W Monroe St Springfield, IL 62704

Oaks Neighborhood

Estimated Value: $89,000 - $133,407

3 Beds
2 Baths
1,580 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $91,000 $58 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $767/month

31 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Springfield High School Rated A-

About This Home

As of March 2024

Conveniently located on the west side of Springfield, 1616 West Monroe offers the perfect blend of convenience and affordability. Enjoy all the benefits without the hefty price tag. This charming residence boasts 3 generously sized bedrooms, providing ample space for your family to thrive. 2 full bathrooms. Bonus room on main floor that would make a perfect office space. With 2 baths, including recent updates to the roof, this home is designed for modern living. The second floor unveils a second kitchenette area that is ideal for hobbyists or craft enthusiasts. Freshly painted interior, newer laminate flooring & sewer line. Fenced back yard plus a detached garage.

Last Agent to Sell the Property

JAMI WINCHESTER

The Real Estate Group, Inc. Brokerage Phone: 217-306-1000 License #475109074 Listed on: 01/29/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Raegan Parker

The Real Estate Group, Inc. License #475191649

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 80 x 138.6
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Springfield District #186 High School

Utilities

  • Window Unit Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 14320205030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,705

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 57.59
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-306-1000
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1580
  • TotalBasementSqFt: 843
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Extra Lot, Other
  • Construction Type: Aluminum Siding
  • Exterior Features: Fenced Yard
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Radiant, Window Unit(s), Other
  • Water Source: Public Sewer, Public

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 80 x 138.6
  • Parcel #: 14320205030

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1704.54
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Apr 1, 2024
Sold by
Nie Daotai
Bought by
Temple Michael
Seller's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
Buyer's Agent
Raegan Parker
The Real Estate Group, Inc.
List Price
$99,900
Sold Price
$91,000
Premium/Discount to List
-$8,900
-8.91%
Views
380
Current Estimated Value
$107,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,102
Avg. Annual Appreciation
8.25%
Original Mortgage
$88,270
Outstanding Balance
$87,365
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$14,552

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jan 2, 2014
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$67,900
Sold Price
$40,000
Premium/Discount to List
-$27,900
-41.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Temple Michael $91,000 None Listed On Document
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Temple Michael $88,270
Previous Owner Nie Daotai $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $91,000 -4.2% $58 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $95,000 -4.9% $60 / Sq Ft
01/29/2024 01/29/24 For Sale $99,900 +149.8% $63 / Sq Ft
01/02/2014 01/02/14 Sold $40,000 -41.1% $22 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $67,900 -- $38 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,214 $32,362 $10,514 $21,848
2023 $1,802 $26,378 $9,605 $16,773
2022 $1,705 $25,022 $9,111 $15,911
2021 $1,628 $24,085 $8,770 $15,315
2020 $1,596 $24,121 $8,783 $15,338
2019 $1,565 $24,037 $8,752 $15,285
2018 $673 $13,965 $8,709 $5,256
2017 $653 $13,784 $8,596 $5,188
2016 $632 $13,583 $8,471 $5,112
2015 $620 $13,421 $8,370 $5,051
2014 $1,105 $13,334 $8,316 $5,018
2013 $1,522 $24,786 $8,316 $16,470
Source: Public Records

Agents Affiliated with this Home

  • JAMI WINCHESTER

    Seller's Agent in 2024

    JAMI WINCHESTER

    The Real Estate Group, Inc.

    (217) 306-1000

    17 in this area

    1,399 Total Sales

    JAMI WINCHESTER
    Section Image

  • R

    Buyer's Agent in 2024

    Raegan Parker

    The Real Estate Group, Inc.

    (217) 971-3260

    1 in this area

    214 Total Sales

    Raegan Parker
    Section Image
  • Ronald Duff

    Seller's Agent in 2014

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    3 in this area

    170 Total Sales

    Ronald Duff
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1026994

RMLS Alliance

APN: 14-32.0-205-030

Illinois Sangamon County Springfield 62704 Oaks

1616 W Monroe St, Springfield, IL

This home is located at 1616 W Monroe St, Springfield, IL 62704 since 29 January 2024 and is currently estimated at $107,102, approximately $67 per square foot. This property was built in 1957. 1616 W Monroe St is a home located in Sangamon County with nearby schools including Dubois Elementary School, U.S. Grant Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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